Abercrombie & Fitch Co. (NYSE:ANF) continues to look great, jumping another 1.10, or 4.73%, to 24.35, on 2.35 million shares on Monday. This swing trade, which we put on it in November at the big breakaway gap, steadily moved up, wedged, popped, came down in a falling wedge, popped out of that. The highest close it’s had recently lines up with a close two years ago in May at 24.35. Although there may be some minor resistance in the area just above it, I think it’s headed to 28, 30, maybe ever 32 and 33.
Collegium Pharmaceutical, Inc. (NASDAQ:COLL) looks to me like it’s breaking out again. It popped 1.19, or 4.48%, to 27.73, on 387,337 shares traded on Monday. It needs some volume, and again, it needs to get over 29.29-.30. If it does, it could run into the mid 30’s, maybe the 34-36 range.
Five9, Inc. (NASDAQ:FIVN), one of my Top 25, broke out of its base with a breakaway gap, it formed a wedge, and has been wedging. On Monday, it popped 1.22, or 4%, to 31.57, on nearly 300,000 shares traded. I think this stock is designed to get into the mid 30’s, and then maybe 40.
Vipshop Holdings Limited (NYSE:VIPS) ripped right back on Monday, bouncing 1.00, or 5.88%, to 18.00, on nearly 9 million shares. There’s big resistance here, so watch that level going forward around 19. If it gets through that, it should see 22.
Stocks on the long side included Baozun Inc. (NASDAQ:BZUN), Five9, Inc. (FIVN), Abercrombie & Fitch Co. (ANF), Fate Therapeutics, Inc. (NASDAQ:FATE), Chegg, Inc. (NYSE:CHGG), eGain Corporation (NASDAQ:EGAN), Xencor, Inc. (NASDAQ:XNCR), SMART Global Holdings, Inc. (NASDAQ:SGH), ImmunoGen, Inc. (NASDAQ:IMGN), MongoDB, Inc. (NASDAQ:MDB), Geron Corporation (NASDAQ:GERN), Vipshop Holdings Limited (NYSE:VIPS), PGT, Inc. (NYSE:PGTI), ArQule, Inc. (NASDAQ:ARQL), Legacy Reserves LP (NASDAQ:LGCY), ShotSpotter, Inc. (NASDAQ:SSTI), Versum Materials, Inc. (NYSE:VSM), Collegium Pharmaceutical, Inc. (NASDAQ:COLL).
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